What method in india is used to measure national income in service sector?

Charlotte Yost asked a question: What method in india is used to measure national income in service sector?
Asked By: Charlotte Yost
Date created: Mon, Jul 19, 2021 4:04 PM



Those who are looking for an answer to the question «What method in india is used to measure national income in service sector?» often ask the following questions:

⭐️ Which is the best method to measure national income in india?

  • There are three methods to measure national income: Measurement of National Income – Income Method Estimated by adding all the factors of production (rent, wages, interest, profit) and the mixed-income of self-employed. In India, one-third of people are self-employed.

⭐️ Who measure national income in india?

  • Before independence, Dadabhai Naoroji is considered as the first person who calculated the national income of India. While, VKRV Rao divided the economy into sectors, corporate sectors, and agriculture sectors. After independence, a committee called the national income committee was formed.

⭐️ How much is national income in primary sector in india?

The average national income of the primary sector in India is $1,219 a year. By 2020, the amount is expected to rise to $4,200.

1 other answer

national and output method

Your Answer

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